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AUD/USD to drop back to 0.64 by year end - global economy weakening, China retaliation

A brief summary from a late week Rabobank note on the Australian dollar: Combined with: Rabo's view is thus:
Jul 13, 2020 Read more

PBOC sets USD/ CNY reference rate for today at 6.9965 (vs. Friday at 6.9943)

People's Bank of China  - PBOC injects 50 bn yuan via 7-day reverse repos 
Jul 13, 2020 Read more

FX option expiries for Monday July 13 at the 10am NY cut

Jul 13, 2020 Read more

Australia coronavirus outbreak in Melbourne - new cases 177 for the day

Results continue to gyrate around 200 per day in the state of Victoria 177 new cases: - 25 of these in  in known outbreaks - 151 are under investigation Further:
Jul 13, 2020 Read more

Preview of the Bank of Japan policy meeting this week - no change to policy expected

The BOJ monetary policy statement will be announced on Wednesday 15 July - the Bank's quarterly outlook will be published also  - There is no scheduled time but its likely some time in the 0230 to 0330 GMT window A snippet from MUFG's what to expect: 
Jul 13, 2020 Read more

Here's a EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week

The European Central Bank meet this week, preview below. - Meeting Thursday 16 July 2020  - Policy announcement at 1145GMT (policy likely unchanged) Euro forecast via Danske (this from late last week):
Jul 13, 2020 Read more

12 Australian military personnel in isolation over coronavirus outbreak in Sydney

Twelve ADF personnel have been placed in self-isolation at the Royal Australian Air Force's Wagga Wagga base after attending the Crossroads Hotel at Casula Casula is in southwest Sydney
Jul 13, 2020 Read more

USD/CNY forecast lowered due to large capital inflows related to equities

JPMorgan has cuts its forecasts for USD/CNY, expecting inflows to boost the yuan - USD/CNY Q3 target to 6.95 (revised down from 7.10) -  Q4 to 7.0 (from 7.10 also) Citing:
Jul 13, 2020 Read more

South Korean trade data for July - early indications are not positive

Data for the first 10 days of the month in SK, exports down 1.7% y/y - Chip exports +7.7% y/y  - Imports down 9.1% y/y
Jul 13, 2020 Read more

Australian coronavirus vaccine human trials will begin today

A University of Queensland developed COVID-19 vaccine on 120 human subjects - 4,000 volunteered - two does of the vaccine will be given four weeks apart The Prof overseeing the trial says the vaccine was shown to be safe for humans in lab tests.
Jul 12, 2020 Read more

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